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  • El Paso is looking to tap debt to fund its $3 billion Ruby Express Pipeline.
  • Glacier Partners Corp., coming off advising Magma Energy's acquisition of a stake in Icelandic geothermal concern HS Orka, says it is working with two or three major players in the industry to tap private equity to develop geothermal projects in the U.S.
  • NaturEner has wrapped the first financing based on the assumption that the project will receive funding from the U.S. Department of Treasury's cash grant program.
  • Deutsche Bank has relocated Bhaswar Chatterjee, director in project and structured finance in London, to New York.
  • Duke Energy is talking to banks about several wind projects in its 3 GW development pipeline, feeling out the market rather than looking to finance a specific project.
  • An investigation by New York Attorney General Andrew Cuomo into alleged improper dealing with public officials and anti-competitive practices at Noble Environmental Power had stalled the $750 million syndication backing its 2008 wind portfolio.
  • --Alfredo Cahuas, cfo at NaturEner, on the company wrapping a wind financing factoring in a U.S. Department of the Treasury cash grant.
  • Some lenders considering the $300 million loan BP Alternative Energy and Dominion's Fowler Ridge wind farm think the debt load might be too high.
  • Hudson Transmission Partners is expected to choose banks to lead the financing backing its eight-mile, 345 kV line between Ridgefield, N.J., and midtown Manhattan this week.
  • At least two lenders have reportedly joined the financing backing American Renewables joint venture partners' $400 million, 100 MW Nacogdoches biomass project in Sacul, Texas.